Lalit Agarwal

Southern India seems a bit muted right now but low ASP products are doing better, Agarwal added.

D'Mart IPO effect? V-Mart rallies but cos are chalk and cheese

V-Mart Retail shares have gained nearly 25 percent in the last one month in the run-up to the initial public offer of D-Mart operator Avenue Supermarts.

V-Mart eyes Rs 1,000-cr turnover in FY'17

V-Mart, affordable apparel and lifestyle product retail chain, is expecting to cross Rs 1,000 crore turnover in the ongoing fiscal on account of estimated 25 to 30 percent rise in sales.

Cash sales fallen post demonetisation, says V-Mart

In an interview to CNBC-TV18, Lalit Agarwal, CMD of V-Mart Retail spoke about the results and his outlook for the company.

"Face of V-Mart" - Hunt for India`s Cutest Kids Reaches its Final Stage

Face Of V-Mart – ‘the hunt for India’s cutest kids’ organized by V-Mart, ‘The King of Retail’ in ...

Expect demand to rise in H2; Q3 should see festive boost: V-Mart

Demand in the semi urban belt continues to remain muted and because of that, same-store-sales growth has also dipped, Lalit Agarwal, CMD of V-Mart Retail told CNBC-TV18.

Growth, demand to revive on back of good monsoon: V-Mart

The retail chain reported a 70 percent decline in standalone net profit at Rs 48 lakh as in the fourth quarter compared to a net profit of Rs 1.60 crore in year-ago period. Net sales during Q4 rose 4.28 percent to Rs 177.50 crore.

V-Mart the King of Retail in Tier II and III Cities Bags India`s No. 1 Brand Award 2016

India’s fastest growing value retail chain, V-Mart Retail Ltd., has been acknowledged as India’s No. 1 ...

V-Mart to expand in eastern states, targets 150 stores in FY17

The company operates 123 stores at present and is focusing on Tier-II and -III towns for opening stores in the next fiscal.

Weak same SSS growth impacted profits in Q3: V-Mart Retail

Lalit Agarwal, CMD, V-Mart Retail said the Same-store sales growth (SSSG) was weak in Q3 due to weak footfalls which impacted profits.

V-Mart Q1 net up 24% at Rs 11.19 crore

The company had posted a net profit of Rs 9.02 crore during the April-June period of 2014-15 fiscal.

Targetting growth of around 30 % for FY16: V-Mart

V-Mart, a store which calls itself to be a true value for money, targets a growth of around 30 percent for FY16 with a same store sales growth of about 10 percent for the coming quarters.

V-Mart Q4 net profit rises 46.79% to Rs 1.6 cr

Multi-brand retail chain V-Mart on monday reported 46.79 percent increase in its net profit to Rs 1.60 crore for the fourth quarter ended March 31, 2015.

Govt efforts may boost consumption 2016 onwards: V-Mart

V-Mart CMD Lalit Agarwal also said that rural customers do not hold surplus cash which leads to sluggish growth in the region.

To add another 20-25 stores in 2-3 years: V-Mart Retail

Lalit Agarwal of V-Mart Retail says since the tier II, III cities haven‘t shown tendency to shop/buy online, they do not see threat from online sales for now at least.

Subscribe to V-Mart Retail IPO, says Nirmal Bang

Nirmal Bang has come out with its report on V-Mart Retail IPO. According to the research firm, the issue offers an investment opportunity both for listing gain and long term investment. One can subscribe to the issues, says Nirmal Bang.

Plan to expand 60 new stores in two & half years: V-Mart

Lalit Agarwal, CMD of V-Mart Retail said they are basically looking at raising funds for aggressive expansions. Sensing good opportunities for retail market in tier II and tier III cities, we are looking at penetrating into many more cities, he added.

V-Mart Retail to double presence with IPO proceeds

New Delhi-based departmental store operator V-Mart Retail plans to double its number of outlets with the help of funds raised from its initial public offering, a top company official said on Monday.

Mkt cap to be around Rs 380 crore post IPO: V-Mart Retail

New Delhi-based multi-brand retail chain V-Mart Retail is set to launch its initial public offer of 57.46 lakh equity shares on February 1, 2013. Lalit Agarwal, CMD, V-Mart Retail told CNBC-TV18 the company plans to raise around Rs 100 crore from the IPO proceeds.

V-Mart Retail raises Rs 26.25 cr via pre-IPO placement

V-Mart Retail Limited, one of the pioneers in setting up stores across various small Indian towns and cities including Sultanpur, Ujjain, Motihari, has made a Pre-IPO Placement of 1,250,000 Equity Shares of the face value of Rs. 10 each at a price of Rs. 210 per Equity Share.